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Transcodium aims to provide the first peer-to-peer decentralized file editing, transcoding and distribution platform with high quality and reliable computational power at a very affordable price. This will create a global market for users, willing to rent their idle machines to be used as workers. Further, at the end of the processing, the worker (processor) will be rewarded with the TNS Tokens. The TNS token is the official UTILITY (not a Security, bond or share) token which is meant be used on the Transcodium Platform once the platform is launched.